China iron ore, steel futures rise on government stimulus hopes

Capt. John

Iron ore and steel futures in China closed higher on Thursday as Beijing aimed to complete local government special bonds issue by end-October, which is seen as a stimulus for infrastructure projects. China has set the annual local government special bonds issue quota at 3.75 trillion yuan ($535.33...

https://www.hellenicshippingnews.com/china-iron-ore-steel-futures-rise-on-government-stimulus-hopes/

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